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Tag Archives: USDA

Nov. 8 report negative for soybeans and wheat

By Doug Tenney, Leist Mercantile With rains across the Midwest during the last half of October delaying harvest, a common thread of anticipation for this report suggested both U.S. corn and soybean yields would be reduced. The Nov. 8 report was negative for soybeans and wheat. Early gains in corn of …

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Dairy aid helps, but not enough

The U.S. Department of Agriculture (USDA) needs to better reflect the dairy-farm incomes lost to tariff retaliation when it calculates its next round of trade mitigation payments, the said today. In a letter sent Tuesday to Agriculture Secretary Sonny Perdue, National Milk Producers Federation Chairman and dairy farmer Randy Mooney …

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Surprises across the board for corn, soybeans, and wheat

By Doug Tenney, Leist Mercantile Corn was bearish with the U.S. yield at 181.3. Soybeans were higher in spite of larger than expected yields. China soybean imports are declining less than expected tempering bearish numbers for soybeans. Russia wheat exports are unchanged. It was surprises across the board for corn, …

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USDA launches trade mitigation programs

U.S. Secretary of Agriculture Sonny Perdue launched the trade mitigation package aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. Producers of certain commodities can now sign up for the Market Facilitation Program (MFP), while USDA will also begin to purchase identified commodities under …

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Bearish August numbers from USDA

By Doug Tenney, Leist Mercantile Today’s USDA monthly Supply and Demand Report detailed actual expected corn and soybean yields across Ohio and the Midwest. It was a bearish report for both corn and soybeans. Corn was down 4 cents and soybeans were down 23 cents following the report. Prior to …

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